every

mother

needs to know her children have a safe place to call home.

Homeownership

People with limited incomes partner with Habitat to build a decent, affordable place to call home. As a Habitat homeowner, you’ll not only buy a home, but you'll gain the stability and security that comes with it and a strong foundation for generations to come. Applicants are evaluated based on four main criteria:

Need:

  • Living in substandard housing

  • Living in overcrowded housing

  • Paying more than 30% of gross income in rent

  • Living in temporary, subsidized, or public housing

Ability to Pay:

  • Must be able to afford monthly mortgage payments

  • Debt to income ratio has to be lower than 10%

  • Stable income between the Income Limits based on family size (HUD Limits)

Willingness to Partner:

  • Complete a set number of “ sweat equity” hours

  • Provide necessary documentation

  • Attend Homebuyer Education classes

Residency:

  • Applicants must reside in our service area: Matthews, Mint Hill, or Stallings

questions & answers

how do I get a house?

Greater Matthews Habitat for Humanity does not give away homes. We provide a hand up, not a handout. You will be purchasing your home, and we work with you to make sure you have an affordable housing cost after purchasing the home. Each applicant must agree to partner with us in the program, which includes providing all documentation needed as well as attending homebuyer education classes and completing sweat equity requirements.

when will you accept applications again?

Due to the availability of affordable land in the Greater Matthews area, we are not currently accepting applications and do not yet have a date on when we will open our application period. Please continue to check our website for more information.

what do you mean by "family"?

Greater Matthews Habitat for Humanity understands that there are many types of families, and all are welcome to apply to our program. You determine who your family is. Just a few examples of family are: an individual applying alone, a married couple with children, a single parent, a non-married couple, or a family that includes aunts, uncles, or parents. Unless there are circumstances outside of your control, you must have lived with all the household members shown on your application for at least 6 months.

how much does a habitat mortgage cost?

Your mortgage payment (including principal, interest, taxes, and insurance) will be no more than 30% of your gross monthly income. This helps to ensure that you are able to continue making payments on your home while having enough remaining income to provide a healthy, stable life for you and your family.

do I have to be a US citizen?

All applicant(s) whose name will be on the title must show proof of legal U.S. residency and at least one applicant must show proof of permanent legal U.S. residency.

 

Habitat will verify applicant(s) status of legal residency by obtaining a copy of one of the following:

  • U.S. Birth Certificate

  • U.S. Naturalization Certificate

  • U.S. Passport

  • Permanent U.S. Resident Card/Green Card

  • Legal Asylum (with application made for permanent legal residency)

do I need to be employed?

No, but we do require proof of income. We will accept benefit statements and award letters for SSA and disability, as well as proof of payment for a pension plan. If you are employed through a company, we require at least 6 months of history with your current employer and 3 of your most recent paystubs. If you are self-employed, we require at least 3 years of tax returns (all pages) to verify your net profit.

why do you pull my credit?

Your credit report gives us a good indication of whether you have the ability to afford a mortgage payment on top of your existing financial responsibilities. We are looking for a history of consistent, on-time payments of your existing bills. We are also looking to make sure there are no major issues, such as a history of late payments, open collections, or open bankruptcies.

can I sell my home?

Greater Matthews Habitat for Humanity sells homes to people who are looking for long-term ownership, but you may sell your home. Most of our partners continue to live in their homes for long periods of time. To help make sure that we are selling to households that need a home to live in and not investors, our partners sign long-term resale restriction agreements. Generally, during the term of the agreement, you can only sell the home if you first offer to sell the home to Habitat (and sometimes a city or county that provided funding to build your home) and you can only sell it at an amount so that it remains affordable to qualified buyers. Please call us for more details.

can I rent my home to other people?

No, Greater Matthews Habitat for Humanity homes must be owner-occupied and cannot be rented out.

what are sweat equity hours and how many do I have to do?

Sweat Equity is the work a future Habitat homeowner devotes helping to build his/her own home as well as the homes of other future homeowners.

It is a central principle in Habitat’s mission of building community and partnering with families to provide “a hand up, not a handout.” Providing the opportunity for our future homeowners to work alongside volunteers and future neighbors to build their homes is one of the most unique, empowering and rewarding aspects of Habitat for Humanity. GMHFH homeowners must complete 200 hours of sweat equity to qualify for a home.

does Habitat for Humanity provide emergency housing assistance or rental assistance?

No, but we can refer you to other programs that may be able to assist you.

what if I have more questions?

Please reach out to our Homeowner Services Manager, Jeffrey Elam via email or at 704.847.4266 ext. 108.

 

Together, everything is possible.